The Department of Justice is making headlines this week with their new self-reporting guidelines. In an effort to create transparency, businesses are now incentivized to disclose corporate misconduct. In return for a company's full cooperation in regards to criminal investigations, prosecutors have been given the authority to reduce fines as much as 50%.
What does this mean for your compliance program? Read the article "DOJ Launches Pilot Program to Encourage Voluntary Self-Disclosure of FCPA Violations" to consider the memo's implications on corporate compliance.